Thursday, August 18, 2011

Fridays' Stocks To Watch - SPAH, KRMC, TNGL, VLCO, PRMO

SPAH, TNGL, PRMO three gold stocks that should garner attention as gold prices continue their amazing ascent. Gold tonight just hit fresh all-time highs and this should embolden investors to get ahead of the gold stock curve. I think all gold stocks deserve a hard look in this environment.

KRMC the stock looks to be consolidating before it makes its next move. Volume was strong and buyers came in at $.0004. I think the $.001 price point is worth watching from here. I think a break of it would send this stock at least another 100% higher.

VLCO this stocks remains a great short term trade and a possible medium term buy. Right now the price action makes me think we've seen our lows, but it would be nice to get further confirmation tomorrow.

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